Markets expect to hear from a dovish Fed on Wednesday, while a bubbling up of oil prices makes weekly U.S. inventory data a bigger than normal focus.
For the stock market, the first notable report of the corporate earnings season—Alcoa—is expected after the closing bell. Earnings season gets into full swing next week when major banks and technology companies report.
The minutes of the Fed’s March meeting are released at 2 p.m. ET. Fed watchers hope to see more elaboration on the deliberations that led Fed officials to signal a willingness to move towards raising rates, and what it is they are looking for as a trigger when they make the final decision.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.